Receipts Depositary Corporation Raises $7 Million to Modernize Depositary Receipts for Digital and Alternative Assets

Receipts Depositary Corporation (RDC), a depositary specializing in digital and alternative assets, closed a $7 million oversubscribed funding round led by LiveOak Ventures. The capital will support development of next-generation depositary receipt products, expansion of market distribution, and team scaling ahead of new product launches.